1. Company History

Founded: 1933 (as the Arabian American Oil Company)

Headquarters: Dhahran, Saudi Arabia

Founder: The U.S. oil company Standard Oil and the Kingdom of Saudi Arabia

Initial Purpose: To explore, produce, and export petroleum in Saudi Arabia.

1938: First oil discovery at Dammam No. 7 well.

1944: Formation of Aramco as a joint venture between the U.S. companies and the Saudi government.

1980s: Saudi government nationalized the company, making it fully state-owned.

2019: Initial Public Offering (IPO) on the Tadawul stock exchange, raising $25.6 billion.

2. Operations and Sources

Main Activities:

• Oil Exploration and Production
• Refining and Marketing
• Petrochemicals and Chemical Products
• Gas Production and Liquefied Natural Gas (LNG)
• Renewable Energy and Sustainability Initiatives

Key Assets:

• Khurais, Ghawar, Safaniya, and other major oil fields
• Refineries in Jazan, Yanbu, and Ras Tanura
• Chemical complexes like Sadara and SABIC partnership

3. Market Value and Stock Information

Stock Symbol: 2222 (Tadawul - Saudi Stock Exchange)

Market Cap (as of 2024): $2.5 trillion

Current Share Price (as of May 2024, 10:30 AM UTC): SR 36.00

Dividend Yield (2023): 6.5%

Annual Dividend Payout (2023): SR 32.7 billion

4. Financial Highlights (2023)

Category	Value (in SAR)
Total Revenue	690 billion
Net Income	240 billion
Operating Cash Flow	330 billion
Capital Expenditures	60 billion
Debt-to-Equity Ratio	0.15

5. Image of Saudi Aramco Logo

6. Summary

Saudi Aramco is the world's largest oil company by production and revenue. It plays a central role in the global energy market and is one of the most valuable companies in the world. The company has been expanding into petrochemicals, renewable energy, and digital technologies to diversify its business and reduce dependence on oil.